Tokyo share prices are likely to continue rising after the Nikkei index hit the 30,000 threshold Monday, a level not seen since the asset-inflated bubble economy period, as more businesses recover from the coronavirus pandemic fallout.

With major Japanese firms upgrading their earnings outlooks for the year through March, some analysts forecast the 225-issue Nikkei Stock Average will rise as high as 34,000 by the end of this year.

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